Financial news on December 30, 2006

Business and Financial news
Compensation Experts Offer Ways to Help Curb Executive Salaries

Over the last 25 years, the average chief executive’s compensation at big companies has increased more than 600 percent. Read more..

By ERIC DASH - The New York Times

He Asked, ‘How Come You Still Have Beluga?’

The United States, which consumes an estimated 60 percent of the world’s supply, was flooded with fish eggs. As prices plummeted, caviar started to become almost as popular as Champagne and single-malt Scotch. Read more..

By HARRY HURT III - The New York Times

It’s O.K. to Fall Behind the Technology Curve

Paying less in the future for a device that can do more is now taken for granted when shopping for consumer electronics. Read more..

By DAMON DARLIN - The New York Times

Making Snail Mail Still Matter

Not so long ago, pundits predicted that the Internet, and in particular e-mail, would lead to a paperless world. Not quite. Read more..

By CLAUDIA H. DEUTSCH - The New York Times

Maybe Developing Nations Are Not Emerging but Have Emerged

In the old developed world, this is an era of solid but moderate economic growth. In the new world, the so-called emerging economies are where most of the growth now resides. Read more..

By FLOYD NORRIS - The New York Times

Opportunities Behind Bars

SEARCHING for a chance to tap into a $37 billion market that is rapidly growing? Instead of seeking customers who can go somewhere else if they are unhappy, why not try to serve those who have no choice, that is, the nation’s prisoners?. Read more..

By PAUL B. BROWN - The New York Times

Tallest Building in Boston Is Sold in $3.3 Billion Deal

The John Hancock Tower has been sold to a New York real estate firm as part of a package of buildings in four cities. Read more..

By BLOOMBERG NEWS - The New York Times

The Lazy Top 10 Anything

As any media consumer knows, this is the season of the list. Late December is the point where editors tell their pundits to list the “Top Ten Moments in...” Read more..

By DAN MITCHELL - The New York Times

The Spine as Profit Center

Serious questions have been raised on whether generous fees might motivate doctors to overuse a lucrative spinal-fusion surgery. Read more..

By REED ABELSON - The New York Times

Travel Habits Must Change to Make a Big Difference in Energy Consumption

People eager to reduce their consumption can take many steps, but the size of their benefit — or cost — is not always evident. Read more..

By MATTHEW L. WALD - The New York Times

See what else happened on December 30, 2006